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Feb 7, 2013
02/13
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. >>> live from the nasdaq market site in new york city's times square, ooem melissa lee. bank bull market. can the momentum continue. her take on the changing face of wall street. david versus goliath. karen finerman has the fine prohibit on david iron horn's plan. and somebody's watching you. who is stalking you on the internet? let's get straight to our traders and the top trades of the day. guy, what was your top trade? >> hey, mel! thursday, big storm coming. >> big storm. brewing. >> but there as a storm brewing in the asset managers. raymond james. you have seen this stock? we talked about it for awhile. look at the growth in assets. aum is the name -- rjf is the name. i'm sorry. i don't know where my head went. >> no do-overs. it's live tv. >> b.k.? >> you know, what's not working, i don't think, are the bigger banks. barclays in particular. that's one i would be short. two things out of europe today, the ecb tip tauped into the fx wores and started to get worried about things we were worried abo about, i mean b.k. and brian. ltro loans being paid back and banks pa
. >>> live from the nasdaq market site in new york city's times square, ooem melissa lee. bank bull market. can the momentum continue. her take on the changing face of wall street. david versus goliath. karen finerman has the fine prohibit on david iron horn's plan. and somebody's watching you. who is stalking you on the internet? let's get straight to our traders and the top trades of the day. guy, what was your top trade? >> hey, mel! thursday, big storm coming. >> big...
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Feb 13, 2013
02/13
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try city. well, maybe he has a 13 deal right now. i asked the ceo to bring these games back. i don't know if he will. the point is that the stocks and bonds and stuff off ebay, stocks are fascinating now get your kids started on them right now. when you have your kids started on stocks and bonds pick some stocks. they are performing in a good way, given the budget pressures, but if companies maybe your kids are familiar with. guess what they will do over a period of time. so here is the bottom line of my childhood stock market obsession. get them started early and maybe they will play for life. the stock market is a long-term contest and one i think the earlier you get in, okay, the more you can win. let's go to loretta in arizona. >> hi captain cramer a big booyah to you. from phoenix, arizona. >> love phoenix. what's up? >> okay what steps should an investor take when a company they thought was solid with a strong monthly dividend suffers a steep drop in price and a 50% dividend reduction? hold them or fold them? >> a lot of the monthly ones are oil related. freeport a few
try city. well, maybe he has a 13 deal right now. i asked the ceo to bring these games back. i don't know if he will. the point is that the stocks and bonds and stuff off ebay, stocks are fascinating now get your kids started on them right now. when you have your kids started on stocks and bonds pick some stocks. they are performing in a good way, given the budget pressures, but if companies maybe your kids are familiar with. guess what they will do over a period of time. so here is the bottom...
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Feb 6, 2013
02/13
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will any of the cities try to quell back the financial losses. >> oh, you bet they will. maybe not the city as much as the airline. >> oh, they have suggested they will. >> that is all part of negotiation. it happens all the time. not just with this plane but for all planes. >> they also got a discount for faking on the new plane. >> right. but the agreement is when the service starts, it starts. it doesn't start then stop. >> thank you very much. >>> a mixed market for the metals today. sharon checking the winners for us and maybe even some losers. hi, sharon. >> hi, mandy. we are where we started at the beginning of year for gold. platinum serving $200 this year. and highest levels since september 2011. real gains where people are putting their money is in the plat yum and palladium. we see growth positive from u.s. and china. add to that, tight supplies. keep your eye on the auto sector and we will see perhaps an even greater one in platinum in weeks to come. >> sharon, thank you. on deck, stock, one investor loves. bank, booming, and you probably never heard of it. >>
will any of the cities try to quell back the financial losses. >> oh, you bet they will. maybe not the city as much as the airline. >> oh, they have suggested they will. >> that is all part of negotiation. it happens all the time. not just with this plane but for all planes. >> they also got a discount for faking on the new plane. >> right. but the agreement is when the service starts, it starts. it doesn't start then stop. >> thank you very much....
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Feb 8, 2013
02/13
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on the ground the meantime new york city under a blizzard warning at the moment. forecasters saying that we can expect anywhere from 10 to 15 inches of snow, and as the day has progressed we have also seen travel disruptioned increase. we looked at amtrak recently. it has suspended its northbound regional lines and the acela service between boston and new york, and also looking at some of the flight cancellations. according to flightaware.com. the latest number, 4,630 flights have been cancelled from yesterday, today and also for tomorrow as airlines try to get ahead of this storm. and, of course, there's an economic impact as well, but some economists have told me it could end up being a wash. you see people buying more ahead of the storm to stock you. we could see a whiteout shutting retailers down tomorrow, but at the end of the day it should be about equal. back over to you. >> jackie, thanks very much. let's check in on how the storm is affecting new york city itself. the weather channel's paul goodloe is there in times square. paul? >> well, here we've had a
on the ground the meantime new york city under a blizzard warning at the moment. forecasters saying that we can expect anywhere from 10 to 15 inches of snow, and as the day has progressed we have also seen travel disruptioned increase. we looked at amtrak recently. it has suspended its northbound regional lines and the acela service between boston and new york, and also looking at some of the flight cancellations. according to flightaware.com. the latest number, 4,630 flights have been...
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Feb 19, 2013
02/13
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kate kelly is at the courthouse for us in new york city. kate. >> reporter: thanks, tyler. we're just about an hour away from what could be a contentious courtroom showdown, einhorn, founder and apple, inc. they are duking it out over a proposal in the proxy statement that would do away with charter right to issue preferred shares of stock. einhorn seeking an injunction to block the vote on that measure at apple's meeting february 27 wants apple to issue a class of shares to provide investors like him with additional value. apple is his largest holding of late and its fall in the fourth quarter accounted for damage to his portfolio in that quarter as well. apple sitting with $137 billion in cash on its balance sheet and he argues that's stockpile indicative of depression era mentality. apple is defending noting other investors calpers. blocking would eliminate other beneficial measures. would establish majority voting for investors on the board. leading into the hearing things have gotten a little snippy. apple said it would incur millions of dollars in printing and other c
kate kelly is at the courthouse for us in new york city. kate. >> reporter: thanks, tyler. we're just about an hour away from what could be a contentious courtroom showdown, einhorn, founder and apple, inc. they are duking it out over a proposal in the proxy statement that would do away with charter right to issue preferred shares of stock. einhorn seeking an injunction to block the vote on that measure at apple's meeting february 27 wants apple to issue a class of shares to provide...
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Feb 1, 2013
02/13
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you heard the other day rahm emanuel said basically the chicago city workers, the chicago public unions are all going to be put into the health insurance exchanges. that is the way chicago is going to get out of whatever it is, its $8 billion unfunded liability. if he does it, then cities and states all across the country are going to dump their union employees right into the health insurance exchange and that is going to break the bank completely. >> that's exactly right. and that's exactly what they're asking in this provision now with these jointly run employer union plans. we want to be able to send our employees to these exchanges. the law is already costing 2.6 trillion over ten years. what would that do? and then who's to say that it's -- of course you couldn't just limit it to union employees. anybody who has a job should then be able to get coverage. >> but the idea of putting these government union workers into the exchange was not -- as far as i know, was not ever really expected. i mean, phil, this is a new twist. for rahm emanuel -- maybe it's very clever. get out from unde
you heard the other day rahm emanuel said basically the chicago city workers, the chicago public unions are all going to be put into the health insurance exchanges. that is the way chicago is going to get out of whatever it is, its $8 billion unfunded liability. if he does it, then cities and states all across the country are going to dump their union employees right into the health insurance exchange and that is going to break the bank completely. >> that's exactly right. and that's...
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Feb 8, 2013
02/13
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mostly to the north of new york city. the latest on the storm path and at which sectors will be impacted the most. >>> first on cnbc, mattel meeting analyst. toy maker ceo will speak with us first on "power lunch" before he spokes with the street -- guess who's here? >> good to see you, ty. >> nice to see you. >> mother nature -- >> here at snowy cnbc headquarters. >> mother nature derailed my commute. but at least we are together in the snowy weather. >> that's right. barbie and ken of -- >> that's right. barbie and ken of "power lunch." first to the markets, we will put the storm aside for a couple of second. with today's gains, major averages wiped out losses for the week. that could of course change but if it does hold the s&p 500, the dow and nasdaq will have racked up gains in each of the first six weeks of 2013. bob pisani is down on the floor of the nyse. he did manage to get to the new york stock exchange exchange today. >> let me be blunt about it, sue, everybody at the new york stock exchange wants to go home.
mostly to the north of new york city. the latest on the storm path and at which sectors will be impacted the most. >>> first on cnbc, mattel meeting analyst. toy maker ceo will speak with us first on "power lunch" before he spokes with the street -- guess who's here? >> good to see you, ty. >> nice to see you. >> mother nature -- >> here at snowy cnbc headquarters. >> mother nature derailed my commute. but at least we are together in the snowy...
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Feb 7, 2013
02/13
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as the world outside of the new york city area. that said, what are risks. i'm looking at national weather service. wlart risks that this gets up high, upgraded into the new york city area. is there a chance we get absolutely dumb 7abs dumped on here? >> well, we see six inches. six inches is somewhat doable in new york city. at 12 and above, that's when things bog down. i even heard mayor bloomberg talk about this before. this is happening on a friday. the bulk of it on friday. but it is all about if that storm slows down, that's when we could take this number and push it back up. so that's the timing. again, timing on that is if the storm slows down into the sudden daytime frame and that means the tail end of the storm, rock land, rochester, put numb, that's when it goes up and up. you already have two feet, what's another foot, right? but with sizeable snow versus a damaging crippling snow, in terms of infrastructure, new york city is still on that time line. you will gome snow but the bull aeye that we have nailed down, we are
as the world outside of the new york city area. that said, what are risks. i'm looking at national weather service. wlart risks that this gets up high, upgraded into the new york city area. is there a chance we get absolutely dumb 7abs dumped on here? >> well, we see six inches. six inches is somewhat doable in new york city. at 12 and above, that's when things bog down. i even heard mayor bloomberg talk about this before. this is happening on a friday. the bulk of it on friday. but it is...
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Feb 11, 2013
02/13
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we'll get the color from that. ed morse from citi will give us his forecast. a lot to cover tonight at 5:00. >> we'll talk finance ministers in a few minutes. >> oh, yes. >> we've not gotten there yet. if you're just joining us this morning, here's what you missed. >>> welcome to hour three of "squawk on the street." here's what's happening so far. >> that announcement being confirmed from the vatican, pope benedict is due to resign february the 28th. >> uncertainty in the economy and sluggishness in the economy gives you center of a friendly fact. >> we did a lousy job in january on the tax side. i think it's better to go over the cliff than do a lousy job. >> rarely to these -- rarely do these oppositions result in a deal being voted down. it is something at least worthy of keeping an eye on. >> president obama seems to have pulled the republicans fangs with respect to the debt ceiling. that's probably the big risk the market was worried about. >> all night long, this is what it heard. beep, beep, beep. yes. snow plows. >> this is the opening bell on monday
we'll get the color from that. ed morse from citi will give us his forecast. a lot to cover tonight at 5:00. >> we'll talk finance ministers in a few minutes. >> oh, yes. >> we've not gotten there yet. if you're just joining us this morning, here's what you missed. >>> welcome to hour three of "squawk on the street." here's what's happening so far. >> that announcement being confirmed from the vatican, pope benedict is due to resign february the 28th....
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Feb 14, 2013
02/13
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for the second year in a row, the new york city department of environmental protection offered unusual valentine's day trip. a select number of lucky couples take on a tour of the city's wastewater treatment plants in brooklyn. highlights of the tour included romantic views of the sludge treatment area and a hike to the top of the plant's digester eggs. >> did that last year. so over that. >> all right. coming up next, the stocks our creators are courting this valentine's day, but first why traders karen and dan are at odds over a major financial firm. he'll deliver the most compelling argument. find out when "fast money" comes back. (announcer) at scottrade, our clients trade and invest exactly how they want. with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local scottrade office, i can talk to someone who knows how i trade. because i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade. awarded five-stars from smartmoney magazine. [ engine
for the second year in a row, the new york city department of environmental protection offered unusual valentine's day trip. a select number of lucky couples take on a tour of the city's wastewater treatment plants in brooklyn. highlights of the tour included romantic views of the sludge treatment area and a hike to the top of the plant's digester eggs. >> did that last year. so over that. >> all right. coming up next, the stocks our creators are courting this valentine's day, but...
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Feb 20, 2013
02/13
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in the city, 20 degrees the windchill. boston, 27. the winds howling, temperatures dropping. yes, more snow falling out there, especially around the lakes today. south of buffalo, that's where it will be focused and into northern maine. good news for the skiers. most of this last storm stayed mostly snow. the slopes are still in good shape. totals today mostly north of syracuse toward the tughill plateau, 94 staying breezy and dry. most of the concern over the next couple of days will be the latest winter storm. moving into the west today, snow overspreading the four corners area. colorado into new mexico, arizona, utah, all picking up significant snow. this really cranks into the day tomorrow. we'll have heavy snow across nebraska, kansas, missouri, into iowa. big area of sleet and freezing rain here across southern missouri and northern arkansas. travel is going to be really rough. for some folks with enough freezing rain, we could be talking power outages for several days. especially in northern arkansas. that's something to watch. and then on friday, the snow moves up tow
in the city, 20 degrees the windchill. boston, 27. the winds howling, temperatures dropping. yes, more snow falling out there, especially around the lakes today. south of buffalo, that's where it will be focused and into northern maine. good news for the skiers. most of this last storm stayed mostly snow. the slopes are still in good shape. totals today mostly north of syracuse toward the tughill plateau, 94 staying breezy and dry. most of the concern over the next couple of days will be the...
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Feb 19, 2013
02/13
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they have fiber deployment, cable deployment in kansas city. the developed android. >> sorry to jump in. that's a great point. that bothered me about google. they are good at making money one way and spending money in 100 ways. >> you said it in a much more eloquent sound bite than i'm able to come up. absolutely. that's the big issue. tarting to say they really created android to protect, a defensive move, not a growth move, to protect their role in search. same thing for buying motorola, protecting. none the economics of the core business which is search. a great business having more mobile products out there helped them. that would happen anyhow. it's really fascinating to me where google is able to spend, how much credit they and amazon get for that. we don't return, actually see earnings growth. >> thank you very much to all three of you. >> isn't it amazing how google is part of it, google. >> it's a verb. >> the new xerox. >> actually said i googled it. >> on deck, explosive report on how hackers are infiltrating america's biggest countr
they have fiber deployment, cable deployment in kansas city. the developed android. >> sorry to jump in. that's a great point. that bothered me about google. they are good at making money one way and spending money in 100 ways. >> you said it in a much more eloquent sound bite than i'm able to come up. absolutely. that's the big issue. tarting to say they really created android to protect, a defensive move, not a growth move, to protect their role in search. same thing for buying...
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Feb 13, 2013
02/13
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keynote address at the hair bonn investment conference here in new york city. the understatement of thor yao, he said he's a little bit obsessed with herbalife. he did spend most of his keynote on herbalife. he thanked carl icahn and dan lowe for making it a bigger story. and that the attention that it's getting means that regulators will pay more attention to it. he said the biggest risk in getting into the story is that regulators wouldn't focus on the company, but now it looks like they are getting that focus and that publicity was the key to that. he was addressing the question on the hong kong dollar, his major call last year. of course, we'll be monitoring this story. we saw that herbalife shares were trading lower on the back of some of these comments. going to take a break here. coming up next, afterhours action. we are on the earnings call for the latest developments on cisco. leon cooperman signs onto facebook and logs off of apple. we tackle the reasons you may want to friend social media stock, as well. be right back. >>> still to come on "fast," in
keynote address at the hair bonn investment conference here in new york city. the understatement of thor yao, he said he's a little bit obsessed with herbalife. he did spend most of his keynote on herbalife. he thanked carl icahn and dan lowe for making it a bigger story. and that the attention that it's getting means that regulators will pay more attention to it. he said the biggest risk in getting into the story is that regulators wouldn't focus on the company, but now it looks like they are...
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Feb 19, 2013
02/13
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dangerous windchills, 15 the below sfee row in the twin citys, 1 is in chicago and 13 in indianapolis. lots of layers for all the kids who are going back to school today. then we catch our next storm, this little pin wheel around the oregon coast. this will dive down around california today and is be a pretty big snowmaker. coast to coast, 6 to 12 inches in the snowfall mountains. plenty of snow here around the wasatch. these amounts in the appalachians, on the order of 1 to 3 inches today 37 back to you guys. >> beck can he can't believe what she just heard about that cold weather. eric, they're melg me, you didn't know it was 25 degrees. >> it's warmed up in minneapolis since earlier today. >> such balmy weather. >> it's like, i've known this, right? >> we're here to educate. >> eric, i rely on the weather channel. tell us something, andrew -- >> he did. he just told me it's 2:22 in nairobi. >> you need singapore time? >> you know what else? the clock when you put them all in, andrew, am i right? if it's nice, the clocks are dark. if it's daytime -- >> you guys are going to complete
dangerous windchills, 15 the below sfee row in the twin citys, 1 is in chicago and 13 in indianapolis. lots of layers for all the kids who are going back to school today. then we catch our next storm, this little pin wheel around the oregon coast. this will dive down around california today and is be a pretty big snowmaker. coast to coast, 6 to 12 inches in the snowfall mountains. plenty of snow here around the wasatch. these amounts in the appalachians, on the order of 1 to 3 inches today 37...
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Feb 7, 2013
02/13
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new york city, in is a tricky forecast for you. you're right on the line. we know it's going to snow. the question is, how much is it going to snow. we've got you in the 6 to 12 inch range right now. that would be the biggest storm of the year so far. northern new jersey, some big snow totals and in lesser amounts if you move south and west. don't think you're going to have to go very far to get into the north or east to get into the bigger snow totals. poughkeepsie, eastern long island, things will be significantly worse than we see in the city itself. timing there is late tomorrow and into tomorrow night. you see amounts tapering off as you head farther south and west. the idea here is that a lot of people see a foot of snow. some people say two feet of snow. maybe in a few spots in and around boston we could see three feet of snowfall out of this one. your top five snowstorms, the biggest, presidents' day in 2003. some model res saying we may beat that total in boston. not written in stone, but these are ones that everybody remembers. we stop that, that
new york city, in is a tricky forecast for you. you're right on the line. we know it's going to snow. the question is, how much is it going to snow. we've got you in the 6 to 12 inch range right now. that would be the biggest storm of the year so far. northern new jersey, some big snow totals and in lesser amounts if you move south and west. don't think you're going to have to go very far to get into the north or east to get into the bigger snow totals. poughkeepsie, eastern long island, things...
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Feb 26, 2013
02/13
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the ten-city composite up 5.9%. the 20-city composite up 6.8%. david blitzer is the chairman of the s&p 500 index committee. david, welcome back. good morning. >> good morning. >> pretty good numbers to close out the year. people still trying to get their arms around how distressed properties are moving some of these prices, especially in key markets. >> that's right. i think the overall picture is very, very strong. the national index, which is up 7.3% for the four quarters, ended with the end of 2012. so really, all across the country things look good. only one city of all 20 was down on the year-over-year basis. >> still, though, i'm told the index is heavily skewed by the share of distressed. that's why atlanta could be down 17%. and now up 10% year-over-year. are these numbers, are they reflective of what's happening with real buyers? >> yes, i think they are reflective of what's actually happening with real buyers. what we've seen in city after city over the last couple of years is the city will get hit with a wave of foreclosure activity.
the ten-city composite up 5.9%. the 20-city composite up 6.8%. david blitzer is the chairman of the s&p 500 index committee. david, welcome back. good morning. >> good morning. >> pretty good numbers to close out the year. people still trying to get their arms around how distressed properties are moving some of these prices, especially in key markets. >> that's right. i think the overall picture is very, very strong. the national index, which is up 7.3% for the four...
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Feb 8, 2013
02/13
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boston area, how fast does it come south and west through connecticut into new york city and the metropolitan area here? >> it's going the other way around. it's going to start -- new york city will be tomorrow morning, connecticut will be about midday, then boston mid afternoon and then again everybody just needs to be off the roads. if we can get everybody off the roads by noon tomorrow through noon on saturday, we're going to save a lot of people a lot of frustration because i'm telling you, when it's start snowing at two to three inches an hour, the plows can't keep up. all it takes is one bus to slide off the road and it's gridlock on the roadways. running out of gas and spending the night in a cold car, it's not fun. i never talked to anyone who said they wanted to do that again, spend the night in a cold car. >> take care of yourself. >> tonight we heard another dire warning from secretary of defense leon panetta about what would happen if the sequester cuts quick in. next and protesters interrupted confirmation hearings five times before cia director john brennan even finished his ope
boston area, how fast does it come south and west through connecticut into new york city and the metropolitan area here? >> it's going the other way around. it's going to start -- new york city will be tomorrow morning, connecticut will be about midday, then boston mid afternoon and then again everybody just needs to be off the roads. if we can get everybody off the roads by noon tomorrow through noon on saturday, we're going to save a lot of people a lot of frustration because i'm...
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Feb 11, 2013
02/13
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half of the population of china now lives in the city which is a brand-new thing and access to media. >> brian, good luck. >> thanks, guys. >> we love those. anyway -- >> and prefers u.s. iron man a lot. in terms of -- >> thank you, coming up, maybe she's watching. he invested. >> my iron man. >> he could be the future of the hedge fund industry. our next guest has been ranked among the most successself up and commerce. [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ transit fares! as in the 37 billion transit fares we help collect each year. no? oh, right. you're thinking of the 1.6 million daily customer care interactions xerox handles. or the 900 million health insurance claims we process. so, it's no surprise to you that companies depend on today's xerox for services that simplify how work gets done. which is...pretty much what we've always stood for. with xerox, you
half of the population of china now lives in the city which is a brand-new thing and access to media. >> brian, good luck. >> thanks, guys. >> we love those. anyway -- >> and prefers u.s. iron man a lot. in terms of -- >> thank you, coming up, maybe she's watching. he invested. >> my iron man. >> he could be the future of the hedge fund industry. our next guest has been ranked among the most successself up and commerce. [ indistinct shouting ] [ male...
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Feb 19, 2013
02/13
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some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> welcome back. office max and office depot in advanced talks to merge. kayla tausche with the latest. >> reporter: still no word on pricing for that deal between office depot and office max. because the deal has stopped it's been incredibly difficult for sources to pin down the exact exchange rate ratio for this teal. office max is up 21% and office depot up 21%. the company is eyeing thursday for an announcement and the company was pushed in december to review its options including a sale in the stake of its mexico unit. that's said to be part of this deal. the consolidation has been announced and still it would be the latest point supporting the deal dam bursting. according to u.s. macizations activity is double what it was the same period last year and the second highest year-to-date total ever, second only to the year 2000. maria. >> thank you so much. kayla. not just retail. investors seeing a pickup in m & a action. warren buffett entered the ring with the b
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> welcome back. office max and office depot in advanced talks to merge. kayla tausche with the latest. >> reporter: still no word on pricing for that deal between office depot and office max. because the deal has stopped it's been incredibly difficult for sources to pin down the exact exchange rate ratio for this teal. office max is up 21% and office depot up 21%. the...
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Feb 4, 2013
02/13
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right now reading the closing bell, new york city celebrating 25 years. they'll be appearing at carnegie hall. as we head towards the second hour, waiting for the interview with the ceo of clorox. on the second hour of "the closing bell." >>> and it is 4:00 on swallow street. do you know where your money is? i'm maria bartiromo on the floor of the new york stock exchange. the market posting the first triple digit loss on the dow industrials of the year after closing above 14,000 on friday. the market has retraced quite a bit of that today. we're also following a developing story at this hour. the justice department planning to file a suit against standard & poor's. mcgraw-hill clobbered today. also moody's down with it. and the dow down 130 points at the close tonight. about 1% lower at 13,880. nasdaq composite also gave up about 48 points as you can see there. almost 1.5% on the nasdaq. and the s&p 500 tonight down 17.5 points. joining me now is peter sorrentino, craig hodges, and our own rick santelli. good to have you on the program. peter, your though
right now reading the closing bell, new york city celebrating 25 years. they'll be appearing at carnegie hall. as we head towards the second hour, waiting for the interview with the ceo of clorox. on the second hour of "the closing bell." >>> and it is 4:00 on swallow street. do you know where your money is? i'm maria bartiromo on the floor of the new york stock exchange. the market posting the first triple digit loss on the dow industrials of the year after closing above...
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Feb 13, 2013
02/13
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some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> after shedding jobs for more than ten years, our manufactures added about 500,000 jobs over the past three. caterpillar is bringing jobs back from japan. ford is bringing jobs back from plex co-. mexico. and this year apple will start making maces in america again. >> in fact, apple, ford and caterpillar that got a shout out from the president during his state of the union speech last night. no great shakes on stocks during the response of today's question. but the president making gun control one of his biggest priorities in that speech. as expected a very climactic emotional part to the speech. but in fact, the run up to this only increased gun sales and ham top pearson is at the blue ridge arsenal in virginia. hampton? >> simon, the morning after the president's emotional plea at the end of the state of the union message, the headline here is is that the spike in gun sales after the new town tragedy, it is frankly continuing. bottom line, people who already ow
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> after shedding jobs for more than ten years, our manufactures added about 500,000 jobs over the past three. caterpillar is bringing jobs back from japan. ford is bringing jobs back from plex co-. mexico. and this year apple will start making maces in america again. >> in fact, apple, ford and caterpillar that got a shout out from the president during his state of the...
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Feb 12, 2013
02/13
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some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. (music throughout) why turbo? trust us. it's just better to be in front. the sonata turbo. from hyundai. but we can still help you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all in one place. i'm meredith stoddard and i helped create the fidelity guided portfolio summary. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. >>> welcome back. we have breaking news on apple. let's get to scott wapner right now. scott? >> reporte
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. (music throughout) why turbo? trust us. it's just better to be in...
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Feb 7, 2013
02/13
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new york city, the burling of your snow falling later in the day friday, into saturday. new york saturday, maybe six to 12, up toity rochester rock in putnam. maybe a foot or more. again, if the storm slows down, late saturday into sunday, looking at perhaps the largest dump of snow across the region. perhaps since october of 2011, it's been a while. but again winter of 2013, name some business with this storm. sue? >> yikes! and i thought that groundhog saw his shadow and we would have an early spring. guess not. thanks, paul. appreciate it very much. we should go to chicago because the weather will be much better there than it is here. hi, ricky. >> hi. i feel bad for you, sue. we've had very little snow in chicago this season and a lot less selling of traesh ris of late. look at the chart of ten-year. you can see we are now well under the 195. many traders calling it a pivot. why, ask you? this should explain. we are hovering at two-week lows and the pattern looks like more buying in treasury. not necessarily selling but equities figure and as do currencies, look at a
new york city, the burling of your snow falling later in the day friday, into saturday. new york saturday, maybe six to 12, up toity rochester rock in putnam. maybe a foot or more. again, if the storm slows down, late saturday into sunday, looking at perhaps the largest dump of snow across the region. perhaps since october of 2011, it's been a while. but again winter of 2013, name some business with this storm. sue? >> yikes! and i thought that groundhog saw his shadow and we would have...
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Feb 9, 2013
02/13
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another big concern especially in some of the areas outside of the city is a loss of power. these winds are going to get to hurricane strength in some areas, and that's going to threaten the power lines. now, over the last day or day and a half, we've obviously seen a run on all of the hardware and home improvement stores in this area. but also the grocery stores. people getting the food they need to sustain themselves for several days, saying they realize they will probably be in their homes for an extended period of time. that's the very latest here in boston. i'm jay gray, nbc news. now back to you. >> all right. many thanks to jay gray. we appreciate it. >>> now, the president might have some senate democrats on his side as they scramble to find replacement cuts for the march 1st across the board sequester. but according to the latest from ace pollster scott rasmussen, only 36% of likely voters think oklahoma should find a way to stop the automatic cuts from going into effect. scott rasmussen, founder and president of rusmussen report joined me. scott as always welcome b
another big concern especially in some of the areas outside of the city is a loss of power. these winds are going to get to hurricane strength in some areas, and that's going to threaten the power lines. now, over the last day or day and a half, we've obviously seen a run on all of the hardware and home improvement stores in this area. but also the grocery stores. people getting the food they need to sustain themselves for several days, saying they realize they will probably be in their homes...
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Feb 1, 2013
02/13
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i don't own it at the moment. i really like citi and bank of america. i like the investment banks and the small investment banks as well >> you think we'll get some dividends, anton? >> i think everybody is increasing already. already got amountment out of comerica and bbmt so we'll continue to get dividend increase. >> jamie dimon said that's the plan, we'll raise the diffidents so he shuttinged the buyback might be smaller than a year ago. fred, break it down for us. what do you like in terms of the bank stocks, and what do you want to avoid here? >> the ones from the beginning of the story, never will they get back to the pre-peaks. the reason why we won't get to the pre-peaks is the big issuance during the crisis. what do we have the best outlook for and that's restructuring. going forward that's citigroup. our number one pick in that space. looking away, this interest rates environment is tough on earnings. at anton say, looking for capital higher rates. we'll bev it there. thanks for having you on the prom. bank stocks long a lowered for this mark
i don't own it at the moment. i really like citi and bank of america. i like the investment banks and the small investment banks as well >> you think we'll get some dividends, anton? >> i think everybody is increasing already. already got amountment out of comerica and bbmt so we'll continue to get dividend increase. >> jamie dimon said that's the plan, we'll raise the diffidents so he shuttinged the buyback might be smaller than a year ago. fred, break it down for us. what do...
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Feb 13, 2013
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to what citi will pick up in the bond market but it's not just about the dividend yield, it's also about the dividend growth an the payout ratio is barely more than 30%, when it gets above 50 the story will be over. >> don't fight the feds is the bottom line. that helped eliminate any huge blowup in europe, it's also meaning that maybe we're not going to get a recession in the united states and probably helped out china as well. joe you wanted to jump in? >> david it sounds like maybe you're not as rosy in regards to your outlook. you're saying i would have been right in a pullback if not for central banks being so flush with liquidity. what about the housing recovery we're experiencing and corporate earnings that are incredibly strong and what about a corporate debt market that in terms of issuance investors can't get their hands on enough of it? >> well i would say that the high yield market's become fully priced. high yield tends to lead the stock market and you know beauty is in the eye of the beholder. you talk about strong corporate earnings but you're benchmarking what we're seein
to what citi will pick up in the bond market but it's not just about the dividend yield, it's also about the dividend growth an the payout ratio is barely more than 30%, when it gets above 50 the story will be over. >> don't fight the feds is the bottom line. that helped eliminate any huge blowup in europe, it's also meaning that maybe we're not going to get a recession in the united states and probably helped out china as well. joe you wanted to jump in? >> david it sounds like...
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Feb 15, 2013
02/13
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we are talking about broken cities. >> right. it is skimming, as i believe, atop the eastern indian ocean. we are very lucky it will not hit us. but this begs the question, jim, what's to stop a future astroid and meteor from hitting us. is there anything we could do, if we saw that such an object was flying towards earth, what could we do to stop it from hitting us? >> a lot of people have seriously been looking at what we would do to deflect an astroid. the sooner you detect it, way out, the less force you need to push it off course. what you want to do, the tricky part is, you want to speed it up toward you. the difference is that it would get to the crossing point with earth before earth got there. imagine two cars racing toward an intersection and both ignored stop signs. if they reach the intersection at the same time, you're in trouble. if either one gets to the intersection first, passes in front of the other then you have a miss. that what we had this time. this astroid and earth chris cross in their paths around the sun
we are talking about broken cities. >> right. it is skimming, as i believe, atop the eastern indian ocean. we are very lucky it will not hit us. but this begs the question, jim, what's to stop a future astroid and meteor from hitting us. is there anything we could do, if we saw that such an object was flying towards earth, what could we do to stop it from hitting us? >> a lot of people have seriously been looking at what we would do to deflect an astroid. the sooner you detect it,...
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Feb 27, 2013
02/13
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we'll head out east to get all the data as the city's poised to enjoy a return to higher growth. >>> and we fly tout singapore to speak to the global head of trade at hspc who think that the face of trade is changing as more high-end products are due to be exported out of emerging markets. >>> bides all of that -- besides all of that, the focus is on the auction in italy. that will hit the tape in an hour and ten minutes. how much will italy have to pay for its political impasse? rome looking to sell between three and four billion euros of a ten-year issue. this was the six-month auction producing the most since 2012, up around 50 basis points. this is where the euro is trading ahead of the auction. 130.79 where we stand currently. yesterday we were down at seven-week low of around 1,317 -- 1.3017. it's warned in italy that a loss of investor confidence could increase borrowing costs and reignite the debt crisis. as for italy's politicians, the leader of the center left coalition has vowed that he would try to form a government and seek an alliance that would respond to the call for
we'll head out east to get all the data as the city's poised to enjoy a return to higher growth. >>> and we fly tout singapore to speak to the global head of trade at hspc who think that the face of trade is changing as more high-end products are due to be exported out of emerging markets. >>> bides all of that -- besides all of that, the focus is on the auction in italy. that will hit the tape in an hour and ten minutes. how much will italy have to pay for its political...
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Feb 8, 2013
02/13
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everyone is trying to get out of the city before the storm hits. but everything starting from now is basically canceled. >> it will be hard. if you are stuck, there's within thing you can do. >> which is? >> turn the tv on. >> and watch cnbcwex. >> get your food in -- >> and -- >> no, no, the entire channel is fine. you don't have to just watch "worldwide exchange." there are worse things you could do. >>> still to come on the show, apple says it's considering returning cash to shareholders after coming under pressure from david einhorn. more details when we come back. . this is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. [ male announcer ] ok, here's the way the system works. let's say you pay your guy around 2% to manage your money. that's not much you think. except it's 2% every year. does that make a diffe
everyone is trying to get out of the city before the storm hits. but everything starting from now is basically canceled. >> it will be hard. if you are stuck, there's within thing you can do. >> which is? >> turn the tv on. >> and watch cnbcwex. >> get your food in -- >> and -- >> no, no, the entire channel is fine. you don't have to just watch "worldwide exchange." there are worse things you could do. >>> still to come on the show,...
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Feb 8, 2013
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atlantic city is the key word here. according to wells fargo, this could mean up to $850 million in a year in revenue. right now, the bill would be just for people living in the state to be able to gamble online. other states with legal online gambling could utilize the new jersey site. the more states that do this, the bigger the business could become for new jersey. atlantic city could use the boost. revenue down about 40% in just the last seven years. there is a little bit of concern about some lost tourism, but governor christie basically said, the cost benefit analysis just makes sense to get in, and get in first. coming up, we'll talk about the possible implications with professional sports. all leagues are against this. we'll chime in on what they have to say about it. >> internet gambling is already legal in europe. there are stocks that are already moving up in london on the basis they'll be able to capitalize on this. >> that is definitely true. thank you, simon. >> there is a mover in the gaining space. let's
atlantic city is the key word here. according to wells fargo, this could mean up to $850 million in a year in revenue. right now, the bill would be just for people living in the state to be able to gamble online. other states with legal online gambling could utilize the new jersey site. the more states that do this, the bigger the business could become for new jersey. atlantic city could use the boost. revenue down about 40% in just the last seven years. there is a little bit of concern about...
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Feb 21, 2013
02/13
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citi down 3% that the hour. look at the nasdaq, like in yesterday's selloff, the nasdaq felt the most pressure, seeing big cap technology under the most pressure again today. got microsoft, intel, apple amongst some of the biggest losers here, google holding onto its gains off the back of the two, price target rates from clsa, as well as bernstein, $1,000 a share. google surprising, up 1%. technology overall again weak. >> people may be looking for things like a going toll hold that 800 number as a tell as to whether or not we are going to slide further. more market reaction, bring in the president of platinum partners to talk about where we are, ari landers. welcome back. >> thanks. >> don't need to tell you how many things appeared to pile up against the bulls heart past 48 hours. much ado about nothing or not? >> not much ado about nothing. all the data this morning, which is nice, clearly the fed minutes were the most important thing. bernanke has been back stopping this market for months. if things are goin
citi down 3% that the hour. look at the nasdaq, like in yesterday's selloff, the nasdaq felt the most pressure, seeing big cap technology under the most pressure again today. got microsoft, intel, apple amongst some of the biggest losers here, google holding onto its gains off the back of the two, price target rates from clsa, as well as bernstein, $1,000 a share. google surprising, up 1%. technology overall again weak. >> people may be looking for things like a going toll hold that 800...
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Feb 1, 2013
02/13
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when he came into the office in '78, the city was at or near its nader. i can remember it well at that time, of course. and we did grow a great deal under his mayorality. not without some scandal, but certainly with a great deal of enthusiasm. in many ways he brought the spirit back and made you feel good about being a new yorker. which is not easy to do, when you had lived through the '70s. >> he passes on a day where a new biography, a film biography of him opens. something somebody said is the kochiest thing he could have possibly done. >> i've seen it. a friend of mine directed it. and, yeah, timing is great. it's also actually a great history of new york, and also, of this incredible man. >> grand central turns 100 today. an institution, a building that nearly went away, and could have gone away under his administration. he saved that. his inscription is going to have danny pearl's final words, my father was jewish, my mother was jewish, i am jewish. he will be missed. the biggest ipo since facebook, pfizer taking its animal business public today. al
when he came into the office in '78, the city was at or near its nader. i can remember it well at that time, of course. and we did grow a great deal under his mayorality. not without some scandal, but certainly with a great deal of enthusiasm. in many ways he brought the spirit back and made you feel good about being a new yorker. which is not easy to do, when you had lived through the '70s. >> he passes on a day where a new biography, a film biography of him opens. something somebody...
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Feb 21, 2013
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. >>> back over here, citi's chairman is not seeking a break-up of the bank. a story in today's wall street journal says michael o'neill was among those encouraging investors not to break up the bank. he is backing abroad cost cutting plans, but exploring a break-up is no longer said to be among his top priorities. >>> and top equity firm sports ing represents tennis players and lots of people including super model giselle bundchen. back in the day owned roger federer. the decision to sell has been driven by the trustee who own tess state of the former ceo and chairman. peemp say it could fetch mother than $2 billion, but there's a huge fight going on among the banks out there to represent this yield and so many of them thought they had the end because they had been with teddy for so long. they were friends with teddy, the trustee who runs this process. only knew teddy for the last two years of his life. so there are banks and bankers who said i've been blanking with him for 20 years. he was my best friend. i promised i would get the deal. but everybody is the
. >>> back over here, citi's chairman is not seeking a break-up of the bank. a story in today's wall street journal says michael o'neill was among those encouraging investors not to break up the bank. he is backing abroad cost cutting plans, but exploring a break-up is no longer said to be among his top priorities. >>> and top equity firm sports ing represents tennis players and lots of people including super model giselle bundchen. back in the day owned roger federer. the...
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Feb 12, 2013
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for this year, the snake, both of those cities, plus san francisco are the most popular. chinese travelers are going for the shopping. luxury goods and gadgets are for the price. they're going to the bragging rights so they can tell their friends that they've seen hollywood or been to the exotic hollywood. back to you. >> thank you, eunice. >>> this is a chart of the chinese tourism over the last ten years to the united states. it is up 600% since 2013. there are now 1 million visitors to the u.s. the department of commerce expects us to hit 4 million by 2017. one of the big areas of growing is chinese students flying to the united states to see their famous university. these tours are arranged for the thousands of students every year. >> chinese people attach great importance to education and they are very willing to spend money on it. >> it's so cool. if i can be that student of howard university. >> i would like to attend harvard, but i have no idea whether i have the ability to come here because it's a really great school. >> we have to recognize american higher educa
for this year, the snake, both of those cities, plus san francisco are the most popular. chinese travelers are going for the shopping. luxury goods and gadgets are for the price. they're going to the bragging rights so they can tell their friends that they've seen hollywood or been to the exotic hollywood. back to you. >> thank you, eunice. >>> this is a chart of the chinese tourism over the last ten years to the united states. it is up 600% since 2013. there are now 1 million...
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Feb 6, 2013
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the implications not only for the airlines, but the cities, is substantial, depending how long this grounding lasts. one thing we noticed that since the grounding, look at that chart, they're now trading over $76 a share for boeing. there's no indication when we'll see this grounding lifted for the dreamliner. >> thank you very much, phil lebeau. the yen hitting a three-year low against of the dollar. how low can the yen go? kathy, good to see you. >> thanks. >> the early departure of a bank of japan governor, would enable abe to appoint somebody else who could work with him in terms of the reforms. >> that's absolutely right. that is the big story right now. which is that, you know, stepping down three weeks early. the announcement will come right after abe's trip to the u.s. he's here in the u.s. and shortly after will make the announcement. i think you're going to see additional yen weakness. there's no doubt all three candidates he's talking about are dovish. he's going to talk about reinforcing the message. when the person's nominated, they'll talk about a reinforcing message. >> you'll
the implications not only for the airlines, but the cities, is substantial, depending how long this grounding lasts. one thing we noticed that since the grounding, look at that chart, they're now trading over $76 a share for boeing. there's no indication when we'll see this grounding lifted for the dreamliner. >> thank you very much, phil lebeau. the yen hitting a three-year low against of the dollar. how low can the yen go? kathy, good to see you. >> thanks. >> the early...
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Feb 8, 2013
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the city is effectively going to shut down. >> thank you so very much. steve. >> just seconds away from the data. in fact it's out now. rick santelli at the cme in chicago. rick the numbers. >> hello cow. 38.5 billion is the trade balance. that's a deficit. but it's under 40 billion. that is really shocking. the last time we were under 40 billion was november of 2010. so this is really a pretty big deal. we're expecting, you know, 8 billion wider deficit, and 46. and last month, had the most subtle revisions, we'll just call it a push. so you know, i'm going to have to ponder this. we know that there's a lot of foreign exchange going on in the world. most of it right now isn't free market driven, it's central bank printing driven. thinking this through, of course, is going to have big possibilities for strategic trades down the road. especially if the offshoot of what's going on potentially between europe, japan, maybe to a lesser extent china, is going to boost the value of the dollar. is that something that's going to help or hurt? how important is thi
the city is effectively going to shut down. >> thank you so very much. steve. >> just seconds away from the data. in fact it's out now. rick santelli at the cme in chicago. rick the numbers. >> hello cow. 38.5 billion is the trade balance. that's a deficit. but it's under 40 billion. that is really shocking. the last time we were under 40 billion was november of 2010. so this is really a pretty big deal. we're expecting, you know, 8 billion wider deficit, and 46. and last...
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Feb 11, 2013
02/13
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some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> let's take a look at u.s. futures. the last time we checked in, the dow was set to open about 11 points at the open. it's peared back just a tad. the dow is still trying to climb back towards that 14,000 level, a time, ross, when frankly more people were talking about warning signs in the market. >>> meanwhile, as far as the european stocks were concerned, and this is where we stand, firmer today. the ibex down 0.3%. the cac 40, ftse and xetra dax up between 0.25% and 0.5%. dollar index is up, kelly. >> that's right. and the dollar/yen, adding 0.5%. so 93.17. aussie/dollar weaker by about 0.5%. a lot of trade across asia is quiet or closed for the lunar new year. >>> france's problems have nothing to do with a single curren currency, but down to the problems itself. he said that the core of the french problem lies inside the cup, not in the foreign exchange rate. this time last week, the french president called for the rights to curve the euro. >>> and the euro g
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> let's take a look at u.s. futures. the last time we checked in, the dow was set to open about 11 points at the open. it's peared back just a tad. the dow is still trying to climb back towards that 14,000 level, a time, ross, when frankly more people were talking about warning signs in the market. >>> meanwhile, as far as the european stocks were concerned, and...
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Feb 13, 2013
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the only reference to citi, during my time at citi, i was part of the senior management plan to bring organizational change and one of the remarks is a hot button issues we're sure to hear about today, lew's own personal investment in the cayman islands, and something the president criticized in the past and lew had such an investment in such a fund and lawmakers will ask him about it. he doesn't say anything in these prepared remarks and be prepared, lew should be for that issue. >> thank you for that. we are joined by a senator who will be questioning jack lew, charles grassley. also, president obama's state of the union. it's a little different this time around, senator. no one is saying jack lew broke the law or didn't pay his taxes either. the kind of things people might have said on the other side of the aisle from governor romney, the kind of things they should have said then they'll probably being saying now. it's a little bit different situation when it affects jack lew rather than when it was governor romney. >> yes. we're going to try to hold an obama nominee to a standard
the only reference to citi, during my time at citi, i was part of the senior management plan to bring organizational change and one of the remarks is a hot button issues we're sure to hear about today, lew's own personal investment in the cayman islands, and something the president criticized in the past and lew had such an investment in such a fund and lawmakers will ask him about it. he doesn't say anything in these prepared remarks and be prepared, lew should be for that issue. >>...
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Feb 7, 2013
02/13
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and the other one is you can't fight city hall. back to you, melissa lee. >> the man who never drinks the kool-aid next to a punch bowl, there's a joke in there somewhere. rick santelli, thank you. >> do you think i should have a punch bowl for my dinner party? >> the one that we're not invited too? i don't care what you have, simon, because i'm not inviteded. >> never mention on air you're having a dinner party because everyone you didn't invite hears you. i wanted to call on a few people. ashley, ashley marshall... here. since we're often all on the move, ashley suggested we use fedex office to hold packages for us. great job. [ applause ] thank you. and on a protocol note, i'd like to talk to tim hill about his tendency to use all caps in emails. [ shouting ] oh i'm sorry guys. ah sometimes the caps lock gets stuck on my keyboard. hey do you wanna get a drink later? [ male announcer ] hold packages at any fedex office location. because what you don'tu know can hurt you.rance. hey do you wanna get a drink later? what if you didn'
and the other one is you can't fight city hall. back to you, melissa lee. >> the man who never drinks the kool-aid next to a punch bowl, there's a joke in there somewhere. rick santelli, thank you. >> do you think i should have a punch bowl for my dinner party? >> the one that we're not invited too? i don't care what you have, simon, because i'm not inviteded. >> never mention on air you're having a dinner party because everyone you didn't invite hears you. i wanted to...
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and the same story you were saying around the rest of the asian economies. so that translates into consumer goods and at the top end luxury brands. china is building 221 new cities from now to 2025. so there is a huge demand for the basic kind of commodities that is building roads, bridges, highways, motor base and so on and so forth. so i think there is a market for some of the dmodties there. and that, of course, is the asian profile in the region as the company size, as the family size is dwindling. so that, again, translates to demand for health products, lifestyle products and so on. so i think there is a lot of the positive area to look forward to in the region. >> andrew, we've been talking a lot, of course, about currency today with the g-20, as well. will currency have a factor to play on m&a? i'm presuming if your country is strengthening or weakening, that changes the economics quite a lot. >> yeah, sure. as i was saying in the beginning, the whole world is printing money. so certain currencies are -- especially the japanese yen on a down turn. an
and the same story you were saying around the rest of the asian economies. so that translates into consumer goods and at the top end luxury brands. china is building 221 new cities from now to 2025. so there is a huge demand for the basic kind of commodities that is building roads, bridges, highways, motor base and so on and so forth. so i think there is a market for some of the dmodties there. and that, of course, is the asian profile in the region as the company size, as the family size is...
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Feb 19, 2013
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state of the city. this discussion that's going on is happening of course in the wintertime where it's very cold in the northeast. i wonder if you think people -- are there expectations for the performance of these batteries in the wintertime, do they need to be reined in? are they not as efficient as we hoped they would be in the gold? >> the battery will be -- i think the discussion in the media has been far overblown. the technology is absolutely ready for primetime. people are enjoying their e.v.s that drive them all over the company. they become used to the charge i don't ever model where they find charge stations and plug in. the ones that are out there the most are gasoline hybrids. so it's i think a lot of overspin in the media. >> one last question, you yourself drive an e.v. but not a tesla. can i ask what you drive? >> i is a fisker karma. >> very nice. that wouldn't be too shabby either. >> pat romano of charge point, thank you very much. >> when we come back, after the bell. and could i iwa
state of the city. this discussion that's going on is happening of course in the wintertime where it's very cold in the northeast. i wonder if you think people -- are there expectations for the performance of these batteries in the wintertime, do they need to be reined in? are they not as efficient as we hoped they would be in the gold? >> the battery will be -- i think the discussion in the media has been far overblown. the technology is absolutely ready for primetime. people are...
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some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. [ male announcer ] you are a business pro. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ male announcer ] just like you, business pro. just like you. go national. go like a pro. just like you. investor. yeah, ibut i'm a busy guy.or it used to be easier but now there are more choices than ever. i want to know exactly what i am investing in. i want to know exactly how much i'm paying. i want to use the same stuff the big guys use. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes poss
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. [ male announcer ] you are a business pro. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ male announcer ] just like you,...
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some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> only 25 minutes before tim cook addresses the goldman sachs technology conference. we'll break down what we can expect to hear from cook and what does it mean for apple stock today. great to see you. >> hello. >> what are you expecting to hear from cook today? >> yes. he's going to speak at the conference and we don't think he'll get into too much details over there. at this point, where the stock is, we think he'll address two things. strategy and products. they said they're actively looking at the cash balance. we expect them to increase dividends and have more buybacks. we think he's not going to get into details, but they're going to indicate their willingness to do that. on new products, they'll definitely talk about new products before the actual launch. but i think he's going to talk about the confidence in the new product pipeline. >> do you think that tim cook's playbook will change a little bit, given the pressure that he might be feeling from sharehold
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> only 25 minutes before tim cook addresses the goldman sachs technology conference. we'll break down what we can expect to hear from cook and what does it mean for apple stock today. great to see you. >> hello. >> what are you expecting to hear from cook today? >> yes. he's going to speak at the conference and we don't think he'll get into too much details...
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Feb 14, 2013
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he talks about the commitment to the city but now you're dealing with some brazilians that will get to know that city pretty well. someone calculated $491 million for each of the 57 varieties, if you want to divide it up that way. let's get insight, joining us on the cnbc newsline, jeff matthews author of "warren buffett's successor, who it is and why it matters." jeff good morning to you. >> good morning, nice to be here. >> let's talk about the brazil effect. i wonder if this marks a change of any, in any way to buffett's approach to m&a, to his operational playbook. >> well you know he's always been flexible. he likes to get what he wants at the end of the day. he has done deals with acadia like this, although not on this scale, so i think what it reflects is how highly he thinks of the 3g guys and how much they bring to the table here. there's a little bit unusual, it's a company that probably wouldn't run best by itself as it is. it's very international business, and very undermanaged i think in the big sense. >> when was the last time you remember him buying something where the s
he talks about the commitment to the city but now you're dealing with some brazilians that will get to know that city pretty well. someone calculated $491 million for each of the 57 varieties, if you want to divide it up that way. let's get insight, joining us on the cnbc newsline, jeff matthews author of "warren buffett's successor, who it is and why it matters." jeff good morning to you. >> good morning, nice to be here. >> let's talk about the brazil effect. i wonder if...
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Feb 10, 2013
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in new york city, a rainy morning monday going into work, but in the afternoon, 45 degrees and the rain will have moved out by then. now, here's what's happening. an area of low pressure has developed in the rockies. what will happen with that, it will bring snow, we actually have blizzard warnings from north dakota and nebraska. rain today about half an inch of it in chicago. and here is monday 10:00 a.m., you see a lot of the rain and then it pushes off the coast and in new york, it's done, it's moved out already by the time you make your way home tomorrow an. >> all right. well, something to keep an eye on. alexandra steele, thanks so much. >>> well, he was a cop on the l.a. police force and navy researchist lieutenant. so what could have prompted christopher dorner to go over the edge and allegedly kill three people in cold blood? a look at that next. to fight chronic osteoarthritis pain. to fight chronic low back pain. to take action. to take the next step. today, you will know you did something for your pain. cymbalta can help. cymbalta is a pain reliever fda-approved to manage ch
in new york city, a rainy morning monday going into work, but in the afternoon, 45 degrees and the rain will have moved out by then. now, here's what's happening. an area of low pressure has developed in the rockies. what will happen with that, it will bring snow, we actually have blizzard warnings from north dakota and nebraska. rain today about half an inch of it in chicago. and here is monday 10:00 a.m., you see a lot of the rain and then it pushes off the coast and in new york, it's done,...
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i want to ask you, do you think the cities and small towns prepared properly for this bliz started even though there's been accidents. the number seems very low compared to 1978 where we saw a death toll of about 100. >> absolutely. it's obvious many lessons learned and technology applied. the government, particularly the northeast is very sensitive with these large populations but still come up to people doing the right thing and staying informed and listen to what the government is saying. i think based on the conditions they've done a good job keeping the public informed. now we need to look out for one another. neighbors check on neighbors. if you know somebody in the region, call them and make sure they're okay. as in the case in katrina and many other disasters, most people that lost their lives, they died alone. now is the time to check on your neighbors and elderly people and people with disabilities and make sure they're okay. >> maybe that neighbor you don't know down the street, maybe you should check on him or her. general russel honore, great words of wisdom. >> and help th
i want to ask you, do you think the cities and small towns prepared properly for this bliz started even though there's been accidents. the number seems very low compared to 1978 where we saw a death toll of about 100. >> absolutely. it's obvious many lessons learned and technology applied. the government, particularly the northeast is very sensitive with these large populations but still come up to people doing the right thing and staying informed and listen to what the government is...
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all of the members of the city council were present as well as the city manager and assistant city manager and we had as we always do in these cases tremendous support from the city government and we are grateful for that. again, from the district attorney's office, frank was here. >> i'm the assistant district attorney in charge of criminal operations here in riverside. on behalf of district attorney paul zeller back and the entire district attorney's office, we express condolences to the family and colleagues of the slain officer as well as the other victims and loved ones in the tragic incident. the district attorney's office has mobilized the bureau of investigations and they are on tactical alert. the investigators are actively assisting and participating in the search for the suspect. additionally we have also designated two of our homicide unit prosecutor who is responded to crime scenes both in corona as well as riverside as described by the chief who will be involved in this matter and are involved as we speak following every detail so that we can be prepared to ensure that justic
all of the members of the city council were present as well as the city manager and assistant city manager and we had as we always do in these cases tremendous support from the city government and we are grateful for that. again, from the district attorney's office, frank was here. >> i'm the assistant district attorney in charge of criminal operations here in riverside. on behalf of district attorney paul zeller back and the entire district attorney's office, we express condolences to...
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one seriously hurt, the other killed. >> the city mourns the deaths of monica quan, keith lawrence, and our brave riverside police officer. i also feel great sadness for the injuries suffered by my officer, the second riverside officer, and the two uninvolved citizens in torrance. >> reporter: torrance was the location of yet another shooting this morning, but not by dorner. the people inside this blue truck, similar in description to dorner's vehicle, were delivering morning newspapers. officers opened fire, injuring the two inside. a sad case of mistaken identity. a city reacting to the fear of a trained, enraged killer on the loose, as he writes in his manifesto, "i will bring unconventional and asymmetrical warfare to those in lapd uniform, whether on or off-duty. isr is my strength and your weakness. you will now live the life of the prey." >> i would tell him to turn himself in. you know? this has gone far enough. you know, nobody else needs to die. >> and kyung, i know as you have reported, there are fbi agents, law enforcement officials swarming the big bear area, where they've
one seriously hurt, the other killed. >> the city mourns the deaths of monica quan, keith lawrence, and our brave riverside police officer. i also feel great sadness for the injuries suffered by my officer, the second riverside officer, and the two uninvolved citizens in torrance. >> reporter: torrance was the location of yet another shooting this morning, but not by dorner. the people inside this blue truck, similar in description to dorner's vehicle, were delivering morning...
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car and drive out of the city for the weekend, don't do it, the roads are extremely bad, very dangerous, treacherous. people stuck on the expressway that made a bad decision to go out in the storm. certainly here in providence, rhode island, we certainly do. back to you. >> poppy, one of the brighter sides to this is the fact it struck on a weekend. so we don't have as many people trying to get to work. >>> meanwhile, live flight we're tracking reports nearly 1700 flights have been canceled today. the majority of those are to and from, yes, the northeast, and that's in addition to the almost 3,300 canceled yesterday. no flights out of boston's logan until at least sunday. and the story is pretty much the same for new york's airports. remember to check your airline to verify the status of your flight before you head out yourself. >>> already more than 30 inches of snow in some places, and it is going to keep falling through at least midday. alexandra steele following that for us. >> good morning, martin. well, what's happening so far, 34 inches in hamden, connecticut, big snow, big winds
car and drive out of the city for the weekend, don't do it, the roads are extremely bad, very dangerous, treacherous. people stuck on the expressway that made a bad decision to go out in the storm. certainly here in providence, rhode island, we certainly do. back to you. >> poppy, one of the brighter sides to this is the fact it struck on a weekend. so we don't have as many people trying to get to work. >>> meanwhile, live flight we're tracking reports nearly 1700 flights have...